The way I see it … when the next positive announcement arrives the share price will now not be hamstrung by fears of a capital raising at a big discount.
The fact this raise was done without a discount is therefore a positive and the share price will reflect fair value when future positive announcements land.
Onwards and upwards!
Ann: Issuance of Convertible Notes & Warrants for up to $46m, page-41
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.4¢ | 1.2¢ | $267.3K | 20.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 788815 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 13241534 | 29 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |